Category: Workplace Tips

Think of the various MBA colleges in India; how many of them feature in your top 10 list? Not many, because when you search about different MBA schools, you will probably find a handful which have made it to the top 10 list. And when you search this list, it is the rankings from a reliable survey like that of Times of India which will come to your aid.

Remember there are several advantages of doing MBA from a good B school. You are going to go for a brand name which will be part of your resume for the rest of your life. You are going to meet some of the most talented people of your generation, best professors, the learnings of whom you will hold on as you progress in your career. Among all the other advantages, you get a good head start in your career. With a good placement, the subsequent career progression will also be pretty smooth.

Take a look at the list of MBA colleges in Kolkata and if you observe closely you will find that the placement history of B schools with good rankings is pretty impressive. You will get information of highest, lowest and median packages offered in various companies which have visited the campus, the industry patronage which a particular institute enjoys.

It is a known fact that top employers will always look forward to recruit MBAs from the only the top-rated schools. They have a list of MBA colleges in Kolkata which rank well. Rankings with high credibility also help lower-ranked schools to recognize the weaknesses in their programs, improve facilities and also compete with schools with better ranking.

If you are looking for a smooth career, invest your time in finding the right B school which has a good record of placements. It is imperative that the school has a good ranking as a good B school not only secures your placement, but also gives you the opportunity to be all-rounder.

A lot of MBA aspirants in Kolkata browse through B school rankings because choosing the best business school seems to be a tricky task and rankings are a lifesaver. Combine the ranking with a good program and you can really benefit from such a degree. Among the different reasons for which the rankings have become so popular is the relative ease with which the prospective students have been able to narrow their initial conditions for MBA applications. The key is to understand how to interpret the rankings and conduct one’s own research before you come to a decision. If you are searching for the best management college in Kolkata, you need to think about some of the benefits of ranking.

Use ranking for shortlisting the colleges

When you are going through the list of top MBA colleges in Kolkata, they first have to draft the MBA applications which is a time-consuming and expensive affair. With an MBA ranking, you have a higher-level view of different MBA programs. MBA ranking helps you in the initial phase of research which offers a somewhat fixed baseline for comparing schools. And once you have a baseline, you can get a deeper insight into different schools which can be gained by further research.

Get a notion about employer perceptions

Certain rankings such as Times School Survey definitely carry weight. There will be several lists for top 10 MBA colleges in Kolkata, but with a Times of India B School Survey, you will be ensured that you have the correct information. Students often use this information to evaluate a particular program. Also, it is important to note the consistency of rankings; remember an average ranking over time is much better than a year-to-year fluctuation. Pay closer attention to general MBA trends.

Does the ranking align to your preference?

If you are planning to get specialization in finance, then there is no point searching for a school which has a good ranking in HR programs. Try to understand the industry-specific rankings to understand employer perceptions of particular programs. Different management colleges in Kolkata have different areas of expertise. And one has to remember that rankings vary by industry. It is imperative that you are also attentive to how schools feature in industry-specific rankings as well. Employers also note these specialization rankings and will very likely find new employees from schools which specialize in relevant areas.

Rankings are determined by a lot of factors

When you want to pursue MBA in Kolkata, you will go through different ranking systems for MBA programs. And all of which use different criteria to rate them; they combine information from corporate recruiters, alumni feedback and taking into consideration other factors like professional satisfaction and career trajectory. Remember rankings can be informative, but the final choice boils down to the final MBA program you will be selecting.

When students join a good B school, one of their primary concern is whether or not they will have good placement. If a business school has a tie-up with industry and is sending the students for an internship then the preparation for a placement interview is done. In fact, a business school’s internship reports and job profiles can reveal which industries are normally a big draw for students. Today’s interns are tomorrow’s leaders; opt for a B school which gives you the opportunity to shine in your career.

Go for a real-time approach

Among the many MBA colleges in Kolkata, there are quite a few B schools which have a proper internship program. An internship in the industry allows the students to analyze problems in real time. This is a kind of a drill before you enter the real world and the student is expected to come up with innovative solutions. Of course, one cannot undermine the knowledge and most importantly the experience gained during the internship days. They also give the student an edge to outperform his colleagues.

Build contacts which will further your network

When you intern in any of the reputed organizations, you are going to build a good network. Many students travel abroad during their internship days and make professional connections. An internship is a perfect opportunity to build contacts. This works positively when you apply for a job in the same organization or to a different company. Remember a good word from a senior can add value to your resume. It can also help you to get a good position in your favorite MNC. It’s important for you to interact with superiors and colleagues during the internship days.

Gives you the confidence to face the real world

All the top MBA colleges in Kolkata have industry tie-ups. When you intern in a big corporate world, this will boost your confidence. After you have interned with one of the big organizations, you will gradually get rid of anxiety and nervousness that is normally associated with your first job. Your internship days will give you a true feel of a company. You will face problems and will find solutions for all your problems. Your success rate will definitely escalate your pay package.

Whether you realize it or not, your LinkedIn profile is actually the foundation of your personal brand. Over the years, it has become a strong social media marketing tool and optimizing your LinkedIn profile to boost your credibility in unimaginable ways. It is a perfect platform to showcase one’s expertise, connect with like-minded professionals and grow business. Let us give you 4 ideas through which you can power up your personal brand.

Not networking; then not doing enough

With LinkedIn, it is possible to find professionals who are intricately associated with your business. LinkedIn can help you to expand your network, reach out to people who can help in building your personal brand and business. How can you reach out to these people? Share content which are related to the targeted network’s interest. Sharing relevant content will not only improve engagements strengthening the relationship with targeted audience.

Put in all the personal details

According to experts, profiles with headshots have enhanced chances of visibility than those without a profile picture. The headshot should be professional, clear and must include only you. If you have just started on LinkedIn, go through the images of your phone to find the right shot for the profile. Along with your picture, you should also ensure to include phone number, email, website and other professional details. Only Premium users can access LinkedIn InMail, so if you are keen to find the right contacts, then you can go for a Premium account as well.

Always tell a story

LinkedIn may be primarily a platform for professionals, but at the end of the day it is a social media channel. And to capture people’s attention storytelling is the best possible way. Remember hiring managers and recruiters are no different. They must be going through hundreds of profiles every day running into the same buzzwords and clichés. A little something which is out of the box is always going to work. A little bit of personal background story and you can capture the attention of the recruiters.

Ger endorsed by listing your skills

You can tag your skills in LinkedIn. You should select all the skill sets which are aligned with your personal brand. This is how recruiters connect with the candidates in LinkedIn; endorsements can also be collected from colleagues, friends and different professional contacts. In return, you can offer an endorsement or two as reciprocation is a good gesture.

Remember that hiring managers and recruiters literally live on LinkedIn. It is good to ensure that your LinkedIn profile conveys the message you intend to convey when you are on the hunt for a new job.

Big data is the combination of all the tools and processes which are related to utilize and manage large data sets. Big data was born out of the need to understand various preferences, trends and patterns in the huge database when people normally interact with various systems and with each other. You need to use analytics for Big Data in various organizations and figure out the most amazing customers. There is a requirement for businesses to create new services, experiences, and products.

Big Data can be used by many companies to outperform the competition. There are many industries where established competitors and new entrants use data-driven strategies to capture, compete and outperform and innovate. From IT to healthcare, each of the segment uses Big data to their advantage. Did you know that big data can analyze the data in entertainment and the insight drawn from it can be used to create a unique experience for the user. This is best seen in music streaming services that is available not only via crowd-sourced data as well as data from their libraries to create a suitable playlist.

Did you know that online retailers can use big data insights, send the personalized recommendations on purchased goods and save you the trouble to map out your preferences again. Big data technology also improves your shopping experience by ensuring that the supply chain works better and the products are received faster.

Have you ever noticed a pattern in the way the news stories flood our timelines? It is big data which determines the kind of stories that will appear in our timelines. It also informs the surface content for different social media sites like Twitter and Facebook. Now think about chatbots. They have become an integral part of our daily lives. It is big data which helps the chatbots to provide us with the information that we seek.

Now let’s come to gaming enthusiasts. In the course of a game, each player produces a large data stream which can provide valuable insights for his/her preferences. Most video game developers analyze this data to curate engaging and unique gaming experience for the users.

When you choose a career in finance, you are expected to find effective ways to manage the finances of the company, create wealth and increase the net asset of the organization. Most finance majors should be prepared to study topics which include planning, raising funds for the company, making wise investments and controlling the expenses of the company. Finance majors are expected to be experts in when it comes to critical decision-making which are often crucial for companies. Choose your courses carefully; apart from the regular finance degree curricular, one should study the following subjects.

Mathematics

If you have already taken courses in calculus and algebra in college, it will help you to solve equations in complex financial markets. A course in statistics will be beneficial as the subject helps to take crucial decisions based on likely outcomes. Thorough knowledge of the subject helps the finance students to know about the movement of a company’s stocks and how they can be better allocated.

Economics\

Knowledge in microeconomics will allow the finance students to understand the impact of the activities of the financial market; you will be able to understand how the activities influence the overall market economy. You get to study the behaviors that normally happen within firms and among customers. Your knowledge in Economics will help you to understand how and when financial decisions can impact firm’s success.

Communications

Any communication course such as presentation skills or public speaking can help the finance students to not only present the finance reports, but explain the meanings behind the numbers and equations. A good leader should be capable of delegating responsibilities to employees; most business students, a Finance major in particular need courses in crisis communications, corporate communications and public relation strategies.

Corporate Finance

Corporate finance is all about understanding the financial problems of an organization beforehand and prevent them. In case of any mergers and acquisitions, a concerned finance analyst should have knowledge about corporate finance. Capital investments are an integral part of corporate finance; decisions like whether dividends should be offered to shareholders or not, or a proposed investment option should be accepted or rejected can be taken without any hassle if you have knowledge about corporate finance.

Accounting

Although it is said that accounting has a narrow focus, it is important to take it as a subject if you are planning a Finance major. With knowledge in accounting, it is possible to focus on both past records and present reports; the creation and analysis of these records often become crucial for financial decisions for an organization.

Take a look at the courses offered at one of the major B schools in Kolkata. Click https://www.bibs.co.in/ for more details.

A fresher just out of an MBA college can find the corporate set-up to be pretty overwhelming. Often you learn the most valuable lessons about workplace survival in the job itself. It is always better to equip yourself with some essentials so that you can deal with literally everything that accompanies the corporate rat race. Whether you have a difficult boss, are struggling with your new assignment or your colleagues, here is a survival strategy for your workplace.

Are you prepared for everything?

Pay attention to subtle things in your workplace; has there has been shift in the way the top management behaves with you? Are you missing out the closed-door meetings? In a workplace, often employees freeze when they face the unexpected. It is always better to approach a sudden change with a positive mind. When you suddenly find yourself reporting to a new boss who is half your age, forge a relationship with him or her. It is the perfect way to tell your new boss about your skills and competence and you can benefit the organization.

Always be a team player

Never do anything that will put you in an unfavorable position in a team. Little things like coming late or not finishing your work on time often create resentment among your colleagues. It may also irritate the boss. Most of the bosses like it when you are quietly doing a job without any trouble. They will definitely not like the fact that they have to take time out of their busy schedule to deal with problems created by you. Always accept challenges as opportunities; work closely with your team members and do not try to hog the limelight. Trust your core group of associates and colleagues, but also try to establish new connections. Remember, when you are in a team, the perspective of each member matters.

Think about strategic moves in your career

Career advancement is like a game of chess; it requires planning and answers to your what-if scenarios. None of this will be easy, but in order to be successful you should plan well ahead. Remember, that five years down the lane you are going to live in a place which you have designed today. Irrespective of your current position, try to gauge how your current position fits into the overall strategy of your organization. Can you do something to make your position more consolidated in your company? Can acquiring new skills help you in the long run? Make informed decisions so that you know the ways in which you can advance in your workplace.